Monday, November 18, 2013

Depuy Hip Settlement Announcement To Come Tuesday; First Stryker Hearing on Thursday

Terms of the Depuy Hip settlement will be formally announced Tuesday, November 19th in Ohio.  An "open status conference" is scheduled in front of United States District Judge David Katz in Toledo Ohio, who is overseeing the litigation.

Media reports are putting the "average" settlement at $300,000 to $350,000 per case.  I think this number is confusing in that it does not break out simple revisions, double revisions, re-revisions, and "extreme" wage loss cases, etc.  Reported failure rates in the United States are 37 percent and in Australia are 44%.

Two days later, the Judge Frank will hold the first hearing in the Stryker Hip litigation in Minneapolis as those claims begin in earnest.